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His Majesty's Land Registry is a non-ministerial department of His Majesty's Government, created in 1862 to register the ownership of land and property in England and Wales. [3] It reports to the Ministry of Housing, Communities and Local Government. [4] The registry contains 87% of land in England and Wales as of 2019. [5]
The index is calculated using land registration data (such as HM Land Registry). The UK HPI release provides comprehensive information on the change in house prices monthly and annually. It also includes analysis by geography, type of buyer, type of dwelling, property status (whether the property is a new build or not), and funding status (cash ...
As part of this process the National Land and Property Gazetteer (NLPG) was created. This is a central repository or “hub” for all LLPGs and coordinates the many LLPGs created by local authorities. It also enforces the compliance of all LLPGs with the national standard for the representation of address information, British Standard 7666 .
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.
The Land Registry has been dealing with the registration of all transactions (purchase, sale, mortgage, remortgage and other burdens) concerning registered land since 1892, and issued land certificates which are a state guarantee of the registered owner's good title up to 1 January 2007. Land Certificates have been abolished by virtue of ...
A full coverage search is usually done when creating a title report for sale/resale transactions and for transaction that involves construction loans. It generally includes searches related to property lien, easements, covenants, conditions and restrictions(CC&Rs), agreements, resolutions and ordinances that will affect the real property in question.
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